No announcement yet so assume Byrnes wasn't the buyer
I dont think there is a time period requirement for a director to announce a shareholding change. Can someone advice on this?
Having got ourselves into a debt-induced economic crisis, the only permanent way out is to reduce the debt – either directly by abolishing large slabs of it, or indirectly by inflating it away.
Looks like a large buyer is prepare to take out VIK's holding.
Something's up!!!
Having got ourselves into a debt-induced economic crisis, the only permanent way out is to reduce the debt – either directly by abolishing large slabs of it, or indirectly by inflating it away.
DPC has had another good drop on the back of LOM as well. Can anyone see DPC breaking 50c?
I am not sure exactly. Assuming VIK was the seller yesterday, they will only have less than 700k to sell. The more interesting question is who is the buyer and why are they prepare to buy such a large chunk of stock?
Having got ourselves into a debt-induced economic crisis, the only permanent way out is to reduce the debt – either directly by abolishing large slabs of it, or indirectly by inflating it away.
DPC has had another good drop on the back of LOM as well. Can anyone see DPC breaking 50c?
Easily - Ask yourself - how much operating profit did they make in the last two years before the finance world went kaput? Will they accurately report provisions on the loan book? Have they sold Equity investment advisors & why not (is it loss making?) What is the current NTA after they have sold the property? Will investor sentiment turn positive on the finance sector while the media have a blue chip / MFS / LOM / Geneva / field day with endless tales of misery to sell papers / advertising with?
A better question is - what are the odds on this company not going into receivership? They are never quoted as one of the big boys & appear to be under capitalised.
I am very negative on this one & have been for a long time - Can anyone change my mind with any factual positives on this company??????
Dont need to change your mind Dsurf. If you dont like it, then stay well clear of it. Maybe you can sleep better at nights. This stock is for people with large steel balls that dont need to sleep and have a $2,000 Italian coffee maker in the kitchen.
Having got ourselves into a debt-induced economic crisis, the only permanent way out is to reduce the debt – either directly by abolishing large slabs of it, or indirectly by inflating it away.
Dont need to change your mind Dsurf. If you dont like it, then stay well clear of it. Maybe you can sleep better at nights. This stock is for people with large steel balls that dont need to sleep and have a $2,000 Italian coffee maker in the kitchen.
I would rather make money & not have steel balls. Mind you you could make a 10 bagger if it goes to 5c
Originally Posted by Hoop
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